Entrepreneurship in the territories: is it the right time?
JOB SUMMARY
Effectively implements highly technical and analytical finance functions in the areas of financial reporting and analysis, fund management and financial risk management summarized through the preparation of accurate and timely financial and compliance reports of accounts managed, conduct of timely financial and compliance monitoring, management of financial issues and recommendation of risk control mechanisms and policy and business process development.
DUTIES AND RESPONSIBILITIES
A. Management Financial Reporting and Analysis
1. Provides timely, accurate and analytical reports of handled accounts as a result of the conducted financial and compliance monitoring.
B. Funds Management
1. Monitoring and spot check of Revolving Fund (RF), Cash Advances (CA) and Petty Cash Fund (PCF) entrusted to project staff and project sub-grantees including sub-grantee’s compliance to Memorandum of Agreement/Contract and financial reconciliation and staff’s compliance to finance policies and procedures.
2. Coordinates with the Operation Unit and extends assistance to sub- grantees relative to finances.
3. Conducts disbursement verification and financial reconciliation to sub- grantees.
C. Financial Risk Management
1. Conducts monitoring on the Unit’s compliance to internal policies and project agreements.
2. Reviews compliance of all staff to established financial business processes.
3. Reviews the effectiveness and efficiency of established business processes and recommends improvement.
4. Reviews the effectiveness of internal control policies and procedures and recommends improvement.
5. Reviews and addresses audit findings of internal, external and project auditors.
6. Manage financial issues, concerns and queries including but not limited to, finance policies, business processes and taxation.
7. Coordinates issues concerning fraud and staff misdemeanor relative to finance matters to HRD.
D. Others
1. Maintains an organized filing system for documents / records / reports.
2. Provides direct assistance to external auditors in the conduct of their audit.
3. Identifies areas for improvement or enhancement of financial policies, systems and procedures and recommends the same to the Finance Manager (FM).
4. Performs other tasks that may be assigned from time to time by the immediate supervisor and/or management.
